Luxury shopping in global travel retail research reveals key customer segments – TravelDailyNews International ...Middle East

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Luxury shopping in global travel retail research reveals key customer segments – TravelDailyNews International
Recent m1nd-set research highlights young Asian Pacific males as key drivers in global travel retail’s luxury sector, significantly impacting shopping patterns and preferences across various luxury categories. Males, younger shoppers, and Asia Pacific consumers emerge as the driving forces behind luxury shopping in global travel retail. The research, published by Swiss-based research agency m1nd-set reveals that more than half of luxury shoppers (57%) are younger than 35 years old. Millennials make up 42% of luxury shoppers in travel retail, while Gen Zs account for 15% currently. According to the research, Gen Zs have started to purchase luxury goods much earlier than the Millennials. A

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